Working Paper -  FSFM/VAL/03 Community-Based Mangrove Rehabilitation and Ecotourism Development and Management in the Red Sea Coast, Egypt Rehabilitation, Conservation and Sustainable Utilization of Mangroves in Egypt
	(2004), EN , 70pp
Mangroves produce a number of very valuable ecological benefits. However, these benefits are largely intangible and do not provide income or revenue for the managers of the mangroves or for other stakeholders living in and around them. Therefore, they are often considered as “wasteland” rather than as highly prized ecosystems. In order to capture the interest and understanding of all stakeholders in and around mangroves, it is important to try to convert some of this intangible ecological value into a monetary value. One way in which this can be done is through the development of ecotourism in the mangroves. Ecotourism can provide considerable benefits to the environment, local stakeholders, visitors to the mangroves and the agencies responsible for the management of the mangroves. With thorough planning and careful consideration of the economic, environmental and cultural aspects of such developments, ecotourism can contribute to conservation, education, resource protection and the involvement and empowerment of local people. In addition to the development of ecotourism, the development of other income generating activities in and around mangroves can also contribute to the protection of the mangroves and improve the lives of local stakeholders.
> About: Community development , Ecology, Economic value, Egypt, Environment, Forest ecology, Forest protection, Income, Income generation, Institutional development, Mangroves, North Africa, Red Sea, Resource conservation, Resource management, Socioeconomic development, Tourism
	Working Paper -  FSFM/VAL/02 Socio-Economic Assessment and Economic Valuation of Egypt’s Mangroves Rehabilitation, Conservation and Sustainable Utilization of Mangroves in Egypt
	(2004), EN , 51pp
This report assesses the socio-economic roles and economic values associated with Egypt’s mangroves. Due to the nature of the study, it has only been possible to undertake a “rapid appraisal” of the socio-economic roles and economic value of Egypt’s mangroves. As such, the socio-economic assessment is only a partial appraisal of key aspects. Furthermore, the economic values determined are not highly accurate; rather they provide an indication of the relative order of possible value. Further studies will be required to validate and enhance the accuracy, robustness and completeness of the socio-economic issues and economic values. Despite this, the study provides a valuable first step in the continuous process of fully understanding and evaluating the importance of Egypt’s mangroves.
> About: Accounting , Ecology, Economic environment, Economic value, Education, Egypt, Environment, Environmental management, Fish, Forest ecology, Forest products, Income, Income generation, Landscape, Mangroves, North Africa, Project design, Red Sea, Research, Resource conservation, Resource management, Socioeconomic development, Socioeconomic environment, Tourism, Valuation
	Forest Finance Working Paper  -  FSFM/VAL/01 Forest valuation for decision making Lessons of experience and proposals for improvement
	Kengen, S (1997), EN , 165pp
This paper reviews various methodologies for forest valuation and describes how they have been used in the preparation of forestry investment projects and programmes. It confirms that many potentially good valuation methodologies exist and it presents summaries of most of the main methodologies used. The document highlights other important considerations that have to be considered in any analysis (e.g. distribution of costs and benefits, different perceptions of value). It also reveals that valuation is not widely used at the moment in forestry project preparation. One important message from the paper is that there is a distinction between having a high value and being able to capture it
> About: Aesthetic value , Cost benefit analysis, Costs, Decision making, Economic analysis, Economic value, Forest management, Forest resources, Forestry policies, Information needs, Multiple use forestry, Price fixing, Prices, Social values, Use value, Valuation